49 Income Statement    
       
       
  Rural and Cooperative Bank Group    
  as of end of periods indicated    
  amounts in thousand Pesos    
       
   
  Selected Accounts Mar-19  
   
  TOTAL OPERATING INCOME   7,515,791.64  
  Interest Income 6,911,093.19  
  Interest Expense 1,146,268.16  
  Provision for Losses on Accrued Interest Income from Financial Assets 5.93  
  Net Interest Income 5,764,819.10  
  Non-Interest income 1,750,972.54  
  (1) Dividend Income 30.55  
  (2) Fees and Commissions Income 1,205,104.00  
  (3) Trading Income 204,623.92  
  (a) Realized Gains/(Losses) from Sale/Redemption 0.00  
  (b) Unrealized Gains/(Losses) from Marking-to-Market 0.00  
  (c) Realized Gains/(Losses) from FX Transactions 1,042.85  
  (d) Foreign Exchange Profit/(Loss) 594.80  
  (e) Profit/(Loss) from Sale/Redemption/Derecognition of Non-Trading Fin'l Assets & Liabilities 4,345.64  
  (f) Profit/(Loss) from Sale/Derecognition of Non-Fin'l Assets 260,024.31  
  (g) Profit/(Loss) on Financial Assets and Liabilities DFVPL (61,383.68)  
  (h) Profit/(Loss) on Fair Value Adjustment in Hedge Accounting 0.00  
  (4) Other income 341,214.07  
  NON-INTEREST EXPENSES 5,612,007.87  
  (1) Compensation/Fringe Benefits 2,638,516.03  
  (2) Taxes and Licenses 521,359.35  
  (3) Fees and Commissions 52,665.01  
  (4) Other Administrative Expenses 1,833,857.04  
  (5) Depreciation/Amortization 357,263.80  
  (6) Impairment Losses 2,073.74  
  (7) Provisions 206,272.91  
  LOSSES/RECOVERIES ON FINANCIAL ASSETS (104,958.89)  
  (1) Provision for Credit Losses on Loans & Other Fin'l Assets (171,856.78)  
  (2) Bad Debts Written Off (3,255.09)  
  (3) Recovery on Charged-Off Assets 70,152.99  
  NET PROFIT BEFORE SHARE IN THE PROFIT/(LOSS) OF UNCONSOLIDATED SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES ACCOUNTED FOR USING THE EQUITY METHOD 1,798,824.88  
  Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method 38,523.70  
  TOTAL PROFIT/LOSS BEFORE TAX AND BEFORE MINORITY INTEREST 1,837,348.58  
  Income Tax Expense 360,136.71  
  TOTAL PROFIT/LOSS AFTER TAX AND BEFORE MINORITY INTEREST 1,477,211.88  
  Minority Interest in Profit/(Loss) of Subsidiaries 0.00  
  NET PROFIT OR LOSS 1,477,211.88  
       
Source : Supervisory Data Center, Financial Supervision Sector, Bangko Sentral ng Pilipinas
Updated as of 25 June 2019